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Kaycee Industries

BSE: 504084|ISIN: INE813G01015|SECTOR: Electric Equipment
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Kaycee Industries is not listed on NSE
Mar 14
Notes to Accounts Year End : Mar '15
 1. Details of Licensed and Installed Capacity, Production, Stock and
 Turnover.
 
 2. Employee Benefits
 
 With effect from 1st April 2007, the company has adopted revised
 Accounting Standard 15 Employei Benefits. Pursuant to the adoption,
 no adjustment was required to be made to general reserve of revisei As
 -15 as the impact was insignificant. .
 
 3. During the year, the company has taken physical verification of
 fixed assets and noted discrepancy of Rs Nil (W.D.V.) (P. Y Nil ) of
 Fixed Assets and the same were adjusted and discarded in the books of
 accounts
 
 4. Pursuant to the enactment of Companies Act 2013, the company has
 applied the estimated useful lives as specified in Schedule II.
 Accordingly the unamortised carrying value is being depreciated over
 the revised/ remaining useful lives. The written down value of Fixed
 Assets whose lives have expired as at 1st April 2014 have been
 adjusted, in the opening balance of General Reserves amounting to Rs.
 1,034,379/-.
 
 5. Disclosure of Related Parties / Transactions With Related Parties:-
 
 Relationship                Name of Related Party
 
 Subsidiary company          RDJ Construction Private Limited
 
 Group Companies             CMS Traffic Systems Limited
 
 (Enterprise over which
 Director                    CMS Computers Limited
 
 and/or his relatives has    Jess Prasad Engg. And Metallurgical
                             Services Pvt. Ltd
 
 significant influence)      ST Energy Solution Private Limited
 
                             CMS Engineering Services Private Limited
                             G.G. Constructions Private Limited
                             Datacom Computer Services Private Limited
                             Dynamic Hydro Machines Private Limited
                             Mailtek Services (India) Limited
                             Netprint Solution India Private Limited
                             New Video Private Limited
                             CMS - Ident Pvt. Ltd.
 
                             Computer Products and Services Pvt. Ltd.
 
                             Dominant Developers Pvt. Ltd.
 
                             Acu-Soft Technologies Pvt. Ltd.
 
                             CMS-DITL Ltd.
 
                             Computer Maintenance Service
                             Royal Virgo Travels
                             Systime Computers Limited
                             CMS Universal Solution P Ltd
                             CMS Info System Ltd.
 
                             Resergent Infotech Pvt.Ltd.
 
                             People Upliftment Foundation
                             CMS Marshal Limited
                             CMS Securitas Limited
                             Money ease Capital Pvt. Ltd.
 
                             CMS I.T Services Pvt.Ltd
 
 Key Management
 Personnel (KMP)             Directors :
 
                             Mrs. Raju R. Grover
                             Ms. Aarti R. Grover
                             Mrs. Sona P. Ramchandani
                             Mrs. Pramila Prakash Merani
                             Mrs.Savitri Lal Butani
                             Mr.Deepak Potdar (CFO)
 
                             Miss. Kamaleshwari Bind (CS)
 
 6. The equity shares of the company are listed in Bombay Stock Exchange
 and company has paid annual listing fees to the stock exchange for the
 year 2014-2015.
 
 7. During the year the Company has reviewed Accounts Receivable and
 reversed provision for doubtful debts Rs. 555,034. (P.Y. Provision
 made.Rs 348,923).
 
 8. Segment wise Reporting as per Note No. 27.
 
 9. In the opinion of the Board Current Assets, Loans & Advances have a
 value on realization in the ordinary Course of Business at least equal
 to the amount at which they are stated in accounts and all current
 liabilities have been provided for.
 
 10. Sundry Debtors and Creditors are subject to confirmation and
 reconciliation if any.
 
 11. Previous Years figures have been regrouped / rearranged wherever
 necessary.
Source : Dion Global Solutions Limited
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